1087 Johnson StWigginsCO80654
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wiggins at 1087 Johnson St, Wiggins, CO, 80654 offers a 8.45% rental yield on a $425,000 purchase with $2,992/mo rent. Total monthly income registers $2,992/mo, and a $2,080/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,184/yr on $140,888 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 125.92% and total cumulative return in cash at $177,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,992/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80654, Wiggins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,377 (100%) |
| Owner Occupied HU | 1,019 (74.0%) |
| Renter Occupied HU | 242 (17.6%) |
| Vacant Housing Units | 116 ( 8.4%) |
| Median Home Value | $449,454 |
| Average Home Value | $472,691 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,362
Multi-Family
0
Businesses
113
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